Filed January 18, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,400 | $78,423-44.7% | $95,964-54.8% | $79,856-45.7% |
| Participation rate | 67.4% | 73.5%-6.0pp | 77.1%-9.6pp | 69.6%-2.2pp |
| Annual return | 14.04% | 19.37%-5.3pp | 91.64%-77.6pp | 31.71%-17.7pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,322 | $3,440-61.6% | $4,167-68.3% | $3,741-64.7% |
| Admin fee / account holder | $2,931 | $5,622-47.9% | $6,797-56.9% | $5,306-44.8% |